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on washington journal" we have been looking elements of the so- called fiscal cliff -- a discussion of the expiring tax provisions set to hit january 1. host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax extender. they are considered to be a small provision and targeted at specific types of businesses. host: why are they temporary? guest: a lot of people say they should be made permanent or they should be eliminated altogether. it is easier to pass when they are temporary. they keep on being extended and extended. host: we will look at some of these. these are some of the tax extenders and the cost of continuing the tax breaks through 2013. host: some of those are really specific. guest: that is the idea. they have become a case study in what some people think is wrong with the tax code. if there are
on washington journal" we have been looking elements of the so- called fiscal cliff -- a discussion of the expiring tax provisions set to hit january 1. host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax...
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cliff. the avalanche is different. the only thing you know about avalanches, you know when the conditions are present. you know when the snowpack has built up to the point where it could happen. you do not know when it is going to happen, you just know it is coming. once it hits you, the avalanche becomes completely impossible to control. do you agree with this characterization about the avalanche? could you elaborate about that kind of threat? >> would you mind if i steal that from you? i will give you credit. i think it is right. i do think -- that is why what you're doing now is so important. this is a once in a generation opportunity for you to nail these things down. we're not that far apart. i really do not think we are. if you are able to put us on a credible path to fiscal sustainability, do it in a balanced way, i think we are golden. i think we will avoid that avalanche. if we do not do that, ultimately, it means we will never do it until we're forced by that avalanche. >> how soon
cliff. the avalanche is different. the only thing you know about avalanches, you know when the conditions are present. you know when the snowpack has built up to the point where it could happen. you do not know when it is going to happen, you just know it is coming. once it hits you, the avalanche becomes completely impossible to control. do you agree with this characterization about the avalanche? could you elaborate about that kind of threat? >> would you mind if i steal that from you?...
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are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there
are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there
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are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there in the flesh. whether a superhero or astronaut wannabe because we're down there with a live show with john mccain, chris van hollen, marco rubio, many others. at the white house, everywhere, because we figure this matters to you.
are you really going to tell me we can't settle the stupid fiscal cliff? washington, i want you to tell that to these guys. to their face, without their helmets on. i dare you. and tomorrow, i dare all of washington to not get something done while i'm there in the flesh. whether a superhero or astronaut wannabe because we're down there with a live show with john mccain, chris van hollen, marco rubio, many others. at the white house, everywhere, because we figure this matters to you.
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host: we are continuing our series, looking at different parts of the fiscal cliff talks. today we want to focus on sequestration. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where is it headed? caller: as we recall from last year, there was a crisis over raising the debt ceiling. republicans demanded some cuts from congress. they agreed to $1 trillion in cuts, they handed over $1.50 trillion to the super committee. because they failed to come up with a deal that could be approved by congress and the president, those automatic cuts go into effect, $1.20 trillion over 10 years. the first cut will go into effect on january 2 of 2013. host: how are the defense sequestration cuts being applied? are we sure? guest: we are not exactly sure, but the law says that every
host: we are continuing our series, looking at different parts of the fiscal cliff talks. today we want to focus on sequestration. joining us now is robert levenson, a senior defense analyst at bloomberg government. let's begin with what secret -- with what sequestration means. term. if you have looked it up on google 20 months ago, it would have something to do with coal and carbon, but this is about automatic cuts going into place known as sequestration. host: how did this come about? where...
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it is part of the so-called fiscal cliff. tomorrow morning we will look at the expiring unemployment benefits. or first guest is josh boak. "washington journal" is live every day on c-span at 7:00 a.m. eastern. >> the chiefs of staff had to make the plan for the invasion of japan without considering the atomic bomb. it was estimated that it would cost $750,000. 500,000 would be maimed for life. >> i choose to honor both the sacrifice of american servicemen find their way through the pacific and a little girl who died as a result of an atomic bombing. it is unimaginable what that must of been like to be close to that center were that fireball originated. >> follow the journey to hiroshima sunday on american history tv. that is the 9:00 p.m. eastern. >> at a hearing on the so-called fiscal cliff, economists agree the problem has to be resolved immediately to avoid pushing the country into recession. they disagreed on how to raise the needed revenue. center bob casey chairs this joint economic committee hearing. it is an hour an
it is part of the so-called fiscal cliff. tomorrow morning we will look at the expiring unemployment benefits. or first guest is josh boak. "washington journal" is live every day on c-span at 7:00 a.m. eastern. >> the chiefs of staff had to make the plan for the invasion of japan without considering the atomic bomb. it was estimated that it would cost $750,000. 500,000 would be maimed for life. >> i choose to honor both the sacrifice of american servicemen find their way...
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Dec 9, 2012
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for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there tangoing you got a chance to get it done. >> meanwhile urging both sides to get this done jeffrey immelt chairman of general electric spoke to charlie rose. >> i would say the business community almost universitily speaks with one voice that this needs to get done and get done now. and moving it to next year is just failure. >> jeff: you can see the full jeffrey immelt interview first thing tomorrow on cbs this morning. >> big business is to the alone in wanting to avoid the fiscal cliff. tonight randall pinkston with 9 worries of smal
for more talks on the fiscal cliff. details were not released but both sides say lines of communication remain open. on face the nation erskine bowles co-chair of the bipartisan deficit commission told bob schieffer he's a bit more optimistic than he was a week ago. >> we were going through the cab ukee theatre, one side making an offer, the other rejecting it and that is pretty natural in any deal. but you know, they've started to tango now and you know any time you got two guys in there...
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. >> next, speaker john boehner and nancy pelosi on the fiscal cliff negotiations. and live as 7:00 a.m., your calls and comments on "washington journal." >> i think reuters institute is something that is important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page in the sense of writing. i think there is no other art forms so readily accessible, other than perhaps film, which we work with, too. it is something -- there is something in literature that catches the human spirit. >> joined book tv, american history tv, and c-span's local content vehicle as we look at the literary life of new york's capital city, albany. sunday at 5:00 p.m. on american history tv on c-span 3. >> house speaker john boehner told reporters the white house has wasted another week in negotiations of the fiscal cliff. this is about five minutes. >> good morning. this is not a progress report. there is no progress to report. when it comes to the fiscal cliff that is threateni
. >> next, speaker john boehner and nancy pelosi on the fiscal cliff negotiations. and live as 7:00 a.m., your calls and comments on "washington journal." >> i think reuters institute is something that is important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page in the sense of writing. i think there is no other art forms so readily accessible, other...
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in washington, danielle nottingham, wjz eyewitness news. >> well, the official fiscal cliff deadline is december 31st. many on capitol hill say an agreement is needed buyer the before the end of this week. so that congress has time to vote. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as secretary of state. democrats across the board want her to run despite her admitted reluctance. a gallup poll shows 66% of people had a favorable opinion of clinton. >>> nelson mandela, hospitalized. what if anything, is wrong? >>> and it's unseasonably warm outside. but we have not seen any sunshine today. bob is updating your first warning forecast coming up. [ female announcer ] what would you call an ordinary breakfast pastry that's been wrapped in a flaky crust stuffed with a gooey center toasted up all golden brown then given a delicious design? a toaster strudel. pillsbury toaster strudel. so delicious...s
in washington, danielle nottingham, wjz eyewitness news. >> well, the official fiscal cliff deadline is december 31st. many on capitol hill say an agreement is needed buyer the before the end of this week. so that congress has time to vote. >>> president obama has not been sworn in for his second term yet. but the buzz in political circles has already turned to 2016. a new york times article says hillary clinton has almost limitless possibilities after she leaves her post as...
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in about 45 minutes, we will continue to look at the so- called fiscal cliff and the budget cuts that take place in january. after that, we will examine the po
in about 45 minutes, we will continue to look at the so- called fiscal cliff and the budget cuts that take place in january. after that, we will examine the po
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Dec 13, 2012
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let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from diane in julian, california, on our democratic line. caller: good morning, peter. my prediction came true, reelecting a president. women against violence acts, being held up by the house. john boehner and the republican house majority leader eric cantor. i tweeted last night quiet late saying the republicans are going to gang up on john boehner. there is an article in the new york times showing they feel he is dragging his feet and waiting until january 3. i also understand that the chairman of the government oversight and reform committee darrell issa, which is from our district here, i
let's start with an update on the so called "fiscal cliff." this is the washington post -- in a side arbucarticle -- that the washington post report on the fiscal cliff this morning. here's an article from "washington times" -- now this is from "politico." a situation that was in the paper couple weeks ago. looks li finally, before we go to phone calls, this article from the daily caller -- again, that is reported in the daily caller. we begin with a call from...
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and speaking of the fiscal cliff, let me say to washington, no vacation without legislation. we will be virtually monitoring airports to see which legislators are leaving town now that the vacation is supposed to begin. you know what? if we don't have a deal by this vacation, or a pledge not to go away, then the odds go to -- down to 50-50 that we'll get one before the end of the year. and then we may only get one when people look at their take-home play and have a collective bout of nausea from a recognition that there was a fiscal cliff all along and we were just pushed over it. that's how much your paycheck's going to shrink. here's the bottom line. let's hope for the best that our politicians move in the right direction. something we can see as early as sunday morning when they appear on the major political talk shows like "meet the press." but we'll be preparing for the worst. >> the house of pain! >> that our lawmakers go home for the holidays, meaning we will likely go over the cliff and nothing will be done about it until after taxpayers actually feel the real pain. l
and speaking of the fiscal cliff, let me say to washington, no vacation without legislation. we will be virtually monitoring airports to see which legislators are leaving town now that the vacation is supposed to begin. you know what? if we don't have a deal by this vacation, or a pledge not to go away, then the odds go to -- down to 50-50 that we'll get one before the end of the year. and then we may only get one when people look at their take-home play and have a collective bout of nausea...
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as washington is focused on the fiscal cliff and other issues are around the budget and long- term fiscal discipline, one may wonder why we're having an event on education. we are doing it because these issues are inextricably linked. insurers the united states is maintaining its edge in the global economy. america is role is central to that competitiveness. that has not just happened by happenstance. it has been the work led by the private sector but decisions that have been critical to that success. we look at the questions around the united states fiscal discipline. we wanted to make sure that we have some discussion about the assessment we made in the role of issues that are not always at the forefront. the vital role america's universities have played. the fact that our institutions of higher learning are the best in the world and people from around the world want to come to the united states to be our next generation of on japan new hours because of our system of higher education. the staff that we have our worldwide brands because of the innovations that they have made and that the
as washington is focused on the fiscal cliff and other issues are around the budget and long- term fiscal discipline, one may wonder why we're having an event on education. we are doing it because these issues are inextricably linked. insurers the united states is maintaining its edge in the global economy. america is role is central to that competitiveness. that has not just happened by happenstance. it has been the work led by the private sector but decisions that have been critical to that...
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on his proposal to avert what they're calltion the fiscal cliff. earlier today the president met with a family in fairfax county struggles of the middle class. mr. obama sat down with tiffany and richard santana. they're living with tiffany's parents in their effort to make ends meet. tiffany wrote to the white house about how across the board tax hikes would affect them. she did not expect a personal visit, though, from the president. >> so overwhelming to know that the leader of the free world is sitting at your kitchen table. being more like a $4,000 tax increase for us, which would be relatively devastating for our family. >> republicans are refusing any deal that raises taxes. the president says he'll only sign a deal that raises taxes on the wealthiest 2%. >>> there is a newest mat tonight on the cleanup costs from superstorm sandy. new jersey's governor chris christie says the storm caused $37 billion in damages to his state alone. today he made the rounds at the white house and on capitol hill. he's asking lawmakers for an additional $88$83
on his proposal to avert what they're calltion the fiscal cliff. earlier today the president met with a family in fairfax county struggles of the middle class. mr. obama sat down with tiffany and richard santana. they're living with tiffany's parents in their effort to make ends meet. tiffany wrote to the white house about how across the board tax hikes would affect them. she did not expect a personal visit, though, from the president. >> so overwhelming to know that the leader of the...
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host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to sustain in the immediate year. so they're not a good idea. would it be the end of the world? no. there would be a downsizing of a lot of services across the government in terms of the domestic accounts. there would be fewer services being provided. there would be reduced federal employees. some grant programs that would take carand hair cut of 5% or 1. the economy would go on and the government would go on. the public would still continue to get serviced by and large. host: can agencies manage this? guest: we have managed sequesters in the past, but not of
host: domestic cuts on the table for the fiscal cliff tops. isabel sawhill, senior fellow with the brookings institution and co-director of the center on children and families. james capretta, ethics and public policy center fell and visiting scholar at aei. are these potential domestic cuts under sequestration devastating or manageable? guest: somewhere in between. not a good idea. they would be very deep cuts. an 8% cut across the board is a very significant one time cut for any program to...
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it could be the push washington needs to cut a deal to avoid the fiscal cliff. >> you have to nail this down. >> house speaker john boehner and president obama have resumed negotiations. democrats are standing firm against a plan to keep tax breaks for the wealthy. >> i see their proposal as an assault on the middle class. >> we are not going to negotiate this now. >> now there's a new twist. president obama wants to authority to borrow more money without being blocked by congress. >> he is assuming unprecedented power. >> the job numbers could tell another story. millions hoping washington can work this out. >> the closer it gets to the brink, more stressed they are going today. >> the president will not budge on raising tax rates for the wealthiest americans. there is no plan b. tracie potts, wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> good morning. sarah caldwell checking on your morning commute. overall, we are doing pretty well. there is an accident on york road at fox tail road. no problems down to the beltway. 95 south from the white marsh area. y
it could be the push washington needs to cut a deal to avoid the fiscal cliff. >> you have to nail this down. >> house speaker john boehner and president obama have resumed negotiations. democrats are standing firm against a plan to keep tax breaks for the wealthy. >> i see their proposal as an assault on the middle class. >> we are not going to negotiate this now. >> now there's a new twist. president obama wants to authority to borrow more money without being...
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then pennsylvania representative on the so-called fiscal cliff negotiations. after that a panel annual lieses those poll rulet results and examines the state of the u.s. economy. tomorrow on washington journal rick knew man for u.s. news and world report discusses the job numbers for november and the state of the economy. then dr. anthony director of the institute of allergy and infection diseases examine the state of america's public health. washington journal, live 7:00 a.m. eastern on c-span. >> the supreme court will look at what was passed in 2008 by a majority of 6 to 3 and they are going to say that is precedent. >> they decided on the indiana case it was constitutional for them to establish i.d. they did not say that all of those states who have subsequently done that -- >> let me finish because you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. laws disproportionately affect minorities, it implies to me somehow we have something missing in our brain. to me if white am
then pennsylvania representative on the so-called fiscal cliff negotiations. after that a panel annual lieses those poll rulet results and examines the state of the u.s. economy. tomorrow on washington journal rick knew man for u.s. news and world report discusses the job numbers for november and the state of the economy. then dr. anthony director of the institute of allergy and infection diseases examine the state of america's public health. washington journal, live 7:00 a.m. eastern on...
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be sure to tune in tomorrow for c innocence's special fiscal cliff coverage, live from washington. mission critical, rise above d.c., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of fiscal responsibility and reform was asked about the progress he thinks both sides were making. >> i think the atmospherics are getting so much better. we've kind of gotten out of the ka kooky theater and gone to dancing the tango with those two guys. any time you start to tango you got a chance. >> joining us this morning from newton, mass, greg manke, economic adviser to the romney campaign, former chair of economic advisers under george w. bush now an economics prof s professor at harvard and ron johnson, director at the institute for new economic thinking and a senior fellow at the roosevelt institute
be sure to tune in tomorrow for c innocence's special fiscal cliff coverage, live from washington. mission critical, rise above d.c., all day long, of course, becky, jim cramer, brian sullivan, maria will be holding lawmakers' feet to the fire in direct interviews about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. earlier on "squawk box," erskine bowles, the co-founder of the fix the debt campaign, co-chair of...
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in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to hire taxes for the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done. >> congress and the president have until the end the year to avert automatic spending cuts and tax increase. take a quick break. when we come back on the morning news a preview of this morning's jobs report. what role did sandy play in last month's hiring. this is the morning news. port. what role did sandy play in hiring? ♪ [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on wher
in this country president obama says cutting a deal to avoid the fiscal cliff could to be done in a week but the president said that won't happen unless republicans drop their opposition to hire taxes for the wealthy. president obama visited a virginia family to move his cause. he maintained his hard line on tax increase. >> just to be clear i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can...
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cliff if washington can't strike a deal. so with the clock ticking and the stakes so high, both the white house and republican leaders are tamping down their fiery rhetoric. listen to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> brianna keilar is at the white house. brianna, are meetings going on outside of the public's view? is that your understanding? >> reporter: well, there are discussions. that is what we're told. as we understand it, obviously, the last meeting between the president and speaker boehner was on sunday. but we're told by both the white house and the speaker's office that discussions are ongoing, so, obviously, they can all pick up the telephone, and that, quote, the lines of communication are open. this is thing we're hearing over
cliff if washington can't strike a deal. so with the clock ticking and the stakes so high, both the white house and republican leaders are tamping down their fiery rhetoric. listen to president obama's sales pitch for his version of a compromise. >> when you put it all together, what you need is a package that keeps taxes where they are for middle class families, we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly...
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he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. >>> there are problems here. there are problems in this chamber. as proud as i am of this institution, and i will forever be, i have detected over the 26 years i've been here a change. we spend now too much of our time seeking partisan advantage. and it happens on both sides. and it's all understandable. i understand it. i'm not being critical of individuals. we spend too little time trying to solve problems. >> welcome back to "the ed show." that was north dakota senator kent conrad on the floor of the senate earlier today, reflecting on his 26 years in washington. conrad will leave the senate in january as chairman of the senate budget committee. conrad understands the numbers better than anyone else. and the senator predicted the mess we would find ourselves in with the bush tax cuts a decade ago. take a look. >> the administration told us that we could have a massive tax cut and they would still be able to have maximum paydown of the debt and protect social security. n
he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. >>> there are problems here. there are problems in this chamber. as proud as i am of this institution, and i will forever be, i have detected over the 26 years i've been here a change. we spend now too much of our time seeking partisan advantage. and it happens on both sides. and it's all understandable. i understand it. i'm not being critical of individuals. we spend too...
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to avoid the fiscal cliff what if they say we have a deal, wouldn't players on both sides, the tar right and the far left, be angry? would it make more sense to wait until the last minute and then tell us? could that be what is going on? >>shepard: north korea is reportedly planning a rocket launch. technical glitch forced officials to add an extra week to the take off window. they now report the launch will take place some time before december 29. officials claim they are trying to put a satellite in space but the united states does not believe it. they say the regime is planning to test a long-range nuclear capable ballistic missile. the navy moved warships to the region to track and possibly defend against the planned launch. defend. and now the news from washington, dc. what are foes saying in the united states about this? >> only that the delay appears to is done nothing to dissuade north korea from moving ahead with what is believed an effort to build an intercontinental missile aimed of having a nuclear warhead. >> as far as we can tell this is a delay and the plans are unchanged.
to avoid the fiscal cliff what if they say we have a deal, wouldn't players on both sides, the tar right and the far left, be angry? would it make more sense to wait until the last minute and then tell us? could that be what is going on? >>shepard: north korea is reportedly planning a rocket launch. technical glitch forced officials to add an extra week to the take off window. they now report the launch will take place some time before december 29. officials claim they are trying to put a...
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he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. get 0% apr financing for 36 months on a 2013 subaru forester and we'll donate 250 dollars to your choice of 5 charities. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. darrell hasn't been able to visit his mom back east in a long time. [ mom ] things are sometimes a little tight. i wasn't able to go to the wedding. [ emily jo ] since da
he will join us on the fiscal cliff talks and reflect on his 26 years in washington, what is wrong with the senate. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd....
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coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the nomination. and a strong chance to win the white house for a clinton third term. join me and david ignatius, john harris, michele caruso ka fwrar cabrera for a great round table. here's what's coming up on "meet the press." ma,ñ0ót5 behind?n00o thisu this morning i'll go inside negotiations with two lawmakers close to them, dick durbin of illinois and congressman, one of boehner's top advisers. i spent time on capitol hill this week. one question i'm dealing with this morning, what has actually changed since last summer's debt debacle? my sense is we may be closer to a deal than some of all the publicr7ó(w- l
coming up at 10:00 on "the chris matthews show," will the final deal on the fiscal cliff be the grand bargain that puts the debt issue to bed or just enough to get past the cliff? or could the president get big concessions from john boehner and force liberals to sign off a-o a big inteelgtsment change? much more talk the past week about hillary clinton gearing up to run for president. in a new washington post poll, her numbers like like they would give her a quick route to the...
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now with the fiscal cliff, myself included, and what's happening with this budget showdown. yet the polling seems to indicate for most americans outside the beltway job creation and the state of the economy remains the main concern. go ahead, tom. what were you going to say? >> i think from a business perspective certainly the large corporations are sitting on lots of cash they are not investing right now because they want to ensure the future is going to bring not just the economic future but also the future of the tax policy and all the rest of that tied hand to hand so that is in some we keeping the economy back. we can reach some sort of a deal where we are not coming to blows every six months or a year on the tax policy for another six months. that's going to give a lot of confidence and i think create the kind of growth people say they want. i'm not so sure there is a bifurcation between what washington is focus on and what people say they want because i think all this ultimately is about jobs and economic growth. >> i did find one thing surprising and the intensity of
now with the fiscal cliff, myself included, and what's happening with this budget showdown. yet the polling seems to indicate for most americans outside the beltway job creation and the state of the economy remains the main concern. go ahead, tom. what were you going to say? >> i think from a business perspective certainly the large corporations are sitting on lots of cash they are not investing right now because they want to ensure the future is going to bring not just the economic...
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he will join us on the fiscal cliff talks and reflect on his 26 years in washington. what is wrong with the senate? hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too bad it doesn't work on windows. okay, i'm outta here. cascade. the clear choice. okay, i'm outta here. those little things for you, life's about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healt
he will join us on the fiscal cliff talks and reflect on his 26 years in washington. what is wrong with the senate? hey sis, it's so great to see you. you, too! oh, cloudy glasses. you didn't have to come over! actually, honey, i think i did... oh? you did? whoa, ladies, easy. hi. cascade kitchen counselor. we can help avoid this with cascade complete pacs. see, over time, cascade complete pacs fight film buildup two times better than finish quantum. to help leave glasses sparkling shiny! too...
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and we are 20 days away from that so-called fiscal cliff. in our new nbc news/wall street journal poll just out for us today, most americans say they want compromise. joining me here for our daily fix, chris, msnbc contributor and managing editor of postpolitics.com. the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah, and i don't think we should be terribly surprised by that, andrea. the truth of the matter is over the last decade or so what we've seen is congress, really, because of redistricting and other things like that, members of congress don't tend to have to represent the middle of the country. they wind up representing their two-party bases, the people that deeply disagree. democratic base does not want entitlement cuts, republican base does not want to raise taxes. but people in general like the idea congress can get something done on something big. now, i would
and we are 20 days away from that so-called fiscal cliff. in our new nbc news/wall street journal poll just out for us today, most americans say they want compromise. joining me here for our daily fix, chris, msnbc contributor and managing editor of postpolitics.com. the fiscal cliff, the people that we polled, americans get it. they want, two-thirds of them, 65% say they want a deal to be done. they want compromises even if it means targeted entitlement cuts and tax increases. >> yeah,...
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host: a republican from missouri said, as washington debates the fiscal cliff on spending and taxes we should not forget the regulatory avalanche that awaits businesses in the new year. roughly 4,100 regulations are coming through the pipeline. not all regulations will affect small businesses, many will, however, and the compliance costs for small firms exceed that of their large competition by some 36%. guest: that -- it's difficult for a small business leader to come to the white house and talk about this. we try to put business leaders together to talk about those. on the regulatory front, the head of -- former hofede the office of regulatory affairs who recently left the white house were very aggressive about going out and meeting business leaders and looking for a new way to take input. cat's published results which -- before he left the white house which showed the rate of regulatory activity had drop and the value created by eliminating bad regulations or needless regulations and streamlining regulations had gone up when compared to the previous two administrations. guest: we're
host: a republican from missouri said, as washington debates the fiscal cliff on spending and taxes we should not forget the regulatory avalanche that awaits businesses in the new year. roughly 4,100 regulations are coming through the pipeline. not all regulations will affect small businesses, many will, however, and the compliance costs for small firms exceed that of their large competition by some 36%. guest: that -- it's difficult for a small business leader to come to the white house and...
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fiscal cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing improvement helping equities along as well. lori: not sure if you mentioned the fed. we were talking about it at the top. talking about their expectations of ben bernanke. nicole: would even throw out the idea of stimulus? that helped things alon
fiscal cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of...
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domestic spending cuts is on the table for the fiscal cliff talks. two different perspectives for you here. isabel sawhill, brookings institution. brookings center on children and families. james capretta ethics and public policy center and visiting scholar at aei. let me begin with you. are these potential domestic cuts under sequestration devastating or manageable? >> guest: somewhere in between. not a good idea. they would be very deep cuts, you know, an 8% cut across the board is a very significant one-time cut for any program to sustain in immediate year period. so they're not a good idea. would it be the end of the world, no? >> host: what do you mean by that? >> guest: well, i mean there would be downsizing of a lot of services across the government in terms of the domestic accounts. so it would be fewer services being provided. there would be reduced federal employees. some grant programs would take a haircut of five, 10%. so there would be downsizing of the services provided by the federal government. but the economy would go on and the gove
domestic spending cuts is on the table for the fiscal cliff talks. two different perspectives for you here. isabel sawhill, brookings institution. brookings center on children and families. james capretta ethics and public policy center and visiting scholar at aei. let me begin with you. are these potential domestic cuts under sequestration devastating or manageable? >> guest: somewhere in between. not a good idea. they would be very deep cuts, you know, an 8% cut across the board is a...
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[applause] >> on this morning's "washington journal," we continue our look at the fiscal cliff and what happens a gold buckle -- if the budget cuts take place. jim doyle on the effect on businesses. then at charles clarke will look at domestic program cuts. more about the issue, with the brookings institution and the ethics and policy center. "washington journal" live this morning at 7:00 eastern on c- span. now a discussion on a state of voter id laws and 2012 pope. we will hear from ohio secretary of state sessions thiswo session and we have to end at 5:00 so want to get started. we brought together a series of experts and leaders in the field to talk about the issue of integrity verses access in elections where a voter i.d. fits into this. don't think we could do better than the panel we have right now. i will let our moderator introduce our panel, many of whom you'll recognize. >> you guys are in for a trade. you could ask for a better panel to think through these issues of how to balance integrity and access. i will say a word about each of the panelists. we will hear brief present
[applause] >> on this morning's "washington journal," we continue our look at the fiscal cliff and what happens a gold buckle -- if the budget cuts take place. jim doyle on the effect on businesses. then at charles clarke will look at domestic program cuts. more about the issue, with the brookings institution and the ethics and policy center. "washington journal" live this morning at 7:00 eastern on c- span. now a discussion on a state of voter id laws and 2012 pope....
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president, people here in washington are obsessing about what they call our fiscal cliff. well, we do, indeed, face fiscal challenges in the future, but i'm more concerned about the crisis of america's middle cla class, a middle class confronted by stagnant or declining wages, with jobs being shifted overse overseas, and with traditional benefits, such as pensions and health insurance being taken away. there is no doubt that the debate over collective bargaining rights will continue in michigan and across the country for months, probably years to come. and while there is little that i can do standing here in the united states senate to directly help the people of michigan today, i wanted to come to the floor today to tell them, a lot of us stand with you today, we'll stand with you tomorrow. a great injustice is being committed in the state of michigan. again, not just against union members but against the middle class. and i think we have to recognize what's happening in this count country. that this assault on union workers, collective bargaining, the assaults we've seen
president, people here in washington are obsessing about what they call our fiscal cliff. well, we do, indeed, face fiscal challenges in the future, but i'm more concerned about the crisis of america's middle cla class, a middle class confronted by stagnant or declining wages, with jobs being shifted overse overseas, and with traditional benefits, such as pensions and health insurance being taken away. there is no doubt that the debate over collective bargaining rights will continue in michigan...
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awaits if we go over that fiscal cliff. you're watching "hardball." to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib not caused by a heart valve problem, that doesn't require routine blood
awaits if we go over that fiscal cliff. you're watching "hardball." to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. a regular guy with an irregular heartbeat. the usual, bob? not...
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>> what's at issue here in the fiscal cliff negotiations is simply the size of government. how big is it going to get? and below that, whether the government is going to lead the economy or the private sector is going to lead the economy for a generation. the second big issue is the safety net, the so-called idea of preserving the safety net. is this going to become the most important thing we do in america, as in europe, or is america about something bigger and better and more interesting than simply preserving the safety net? >> or even defining the safety net. when i think of a safety net, i think of a high wire and think of the net underneath. what's supposed to happen is you fall and it bounces and lifts you back. i feel like we have a fishing net here, where people get caught in it and stay in it forever. that's the difference between the safety net and the fishing net that we're ending up with right now. >> we end up having to work, go to work every day and pay taxes ultimately simply to protect this safety net, rather than create a vibrant growing economy that will
>> what's at issue here in the fiscal cliff negotiations is simply the size of government. how big is it going to get? and below that, whether the government is going to lead the economy or the private sector is going to lead the economy for a generation. the second big issue is the safety net, the so-called idea of preserving the safety net. is this going to become the most important thing we do in america, as in europe, or is america about something bigger and better and more...
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the defense budget. >> on tomorrow morning's washington journal, and look at the so-called fiscal cliff and what happened of budget cuts take place in january. jim doyle on the aspect of businesses. after that, charles clark with domestic program cuts. and more about the issue with the brookings institution and ethics of public policy center. and your e-mails, phone calls, and tweets. live tuesday at 7:00 a.m. eastern on c-span. >> president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline terry the president spoke at the daimler diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterday. [laughter] i mean, i would like to come here and talk a little smack about the bears, but we didn't quite get it done. but it is wonderful to be back. it is good to see everybody in the great state of michigan. [applause]
the defense budget. >> on tomorrow morning's washington journal, and look at the so-called fiscal cliff and what happened of budget cuts take place in january. jim doyle on the aspect of businesses. after that, charles clark with domestic program cuts. and more about the issue with the brookings institution and ethics of public policy center. and your e-mails, phone calls, and tweets. live tuesday at 7:00 a.m. eastern on c-span. >> president obama talking about the economy and the...
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john boehner said today, "the debt limit should be used for fiscal sanity here in washington d.c." that's somewhat of the republican idea here. it's a way from having a big deal. it's a way from perhaps going over the cliff entirely. it's, all right, maybe we give them the 250,000 or below, and then we live to fight another day on the debt limit. if that happens, what does that mean for the markets? it brings washington to its knees again, and we try to ask nancy pelosi about that today. she declined to answer questions about the debt limit, but if you see that fight play out in the early part of 2013, what does it mean, the obama administration, the priorities they would like to see, it looks like the debt limit right now is very much this political football same as it was in 2011. >> thank you. i want to quickly bring in the panel because what you are saying brings me to a point that's been kind of bothering me about this whole discussion. republicans keep saying that what the democrats -- what the president sht bringing to the table are enough cuts, but they never seem to want t
john boehner said today, "the debt limit should be used for fiscal sanity here in washington d.c." that's somewhat of the republican idea here. it's a way from having a big deal. it's a way from perhaps going over the cliff entirely. it's, all right, maybe we give them the 250,000 or below, and then we live to fight another day on the debt limit. if that happens, what does that mean for the markets? it brings washington to its knees again, and we try to ask nancy pelosi about that...
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we are talking about the so-called fiscal cliff. of course our cameras have been covering all of the events here in washington as both sides try to negotiate their argument with the public. if you go to our website, c-span.org, we have a special website setaside, webpage, c-span.org/fiscalcliff. or tweet us your thoughts using the #fiscal cliff. go ahead, payton. caller: thank you. i'm one of the original owners and i live in one of the poorest areas of the country which is one of the most highly republican areas of the country. i always intended if the republicans -- host: we are losing you, there. caller: somebody else is speaking. what i want to tell you is this cost of living is shameful way to protect the rich. host: we'll leave it there, payton. guest: he's got -- i can't add much to that. you're right. the previous caller who had talked making $14,000, he and his wife, their total income was $14,000 year on sfments he's not throwing -- on social security. he's not throwing money around. you start limiting the cost of living,
we are talking about the so-called fiscal cliff. of course our cameras have been covering all of the events here in washington as both sides try to negotiate their argument with the public. if you go to our website, c-span.org, we have a special website setaside, webpage, c-span.org/fiscalcliff. or tweet us your thoughts using the #fiscal cliff. go ahead, payton. caller: thank you. i'm one of the original owners and i live in one of the poorest areas of the country which is one of the most...
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just looking on my twitter feed here, "washington post"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the republican party has a branding problem. these are researchers that say -- we asked 22, 23 different topics, whether americans related more to the democratic party or the republican party. 22 of the 23, they appeal more to democrats. >> yeah. >> it is a generalized, massive branding problem over what's happened nationally over the past year. >> except in the south. >> the piece, in part, points out that unlike people who sit around here, most people, normal people out there in america react emotionally to politics wh
just looking on my twitter feed here, "washington post"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks...
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i think, let's assume we go through the fiscal cliff, and i want to ask susan about this first. immigration, corporate tax reform, and investments. immigration, you are not going to do just the dream act, you either do comprehensive immigration or you don't. we have learned, we had a chance to do it, george bush, john mccain, ted ken dirks both wings came and decide they had were going to sabotage it. yeah, maybe the republicans learned a lesson this time but i am a not sure how much. corporate tax reform, sounds great. i covered the 1985-1986 act. the way that was financed was through the corporate tax increased. they have the most skillful treasury secretary around and people on both sides willing to work with the white house and congress, doesn't exist today. and thirdly, when you talk about infrastructure spending investments and spending things to be done with n.i.h. and national science foundation and the like, all the talk now is about debt. it's not about any -- >> we are going to be going into a conversation on -- >> how do you do what glenn's very am beneficiaries -- a
i think, let's assume we go through the fiscal cliff, and i want to ask susan about this first. immigration, corporate tax reform, and investments. immigration, you are not going to do just the dream act, you either do comprehensive immigration or you don't. we have learned, we had a chance to do it, george bush, john mccain, ted ken dirks both wings came and decide they had were going to sabotage it. yeah, maybe the republicans learned a lesson this time but i am a not sure how much. corporate...
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. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every da
. >>> coming up next with just 24 days to go until the fiscal cliff deadline, speaker john boehner wants negotiations to be just between him and the president. will this be washington's last hope? i'm getting a deal done. keep it here on "morning joe." [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you...
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after that, speaker john boehner and nancy pelosi on the so- called fiscal cliff negotiations. >> why the institute? >> it is very important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision. we ourselves are not completely tied to print on the page of writing. i think that there is no other art form that is so readily accessible. it is something in literature that just captures the human spirit. >> this weekend, join "book tv" as we look behind the scenes at the history and literary life of new york's capital city, albany. saturday on c-span 2. and on "american history" on c- span 3. >> not the economic impact on the u.s. economy and american competitiveness and the proposal to allow more skilled workers to remain in the u.s. the conversation includes senator mark warner. this event is being hosted by the university of virginia oc miller center -- virginia's miller's center. [applause] >> thank you, distinguished guests. welcome to the national press club. it is our fifth annual meeting of the conference on the world eco
after that, speaker john boehner and nancy pelosi on the so- called fiscal cliff negotiations. >> why the institute? >> it is very important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision. we ourselves are not completely tied to print on the page of writing. i think that there is no other art form that is so readily accessible. it is something in literature that just captures the human spirit. >> this weekend,...
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aides to president and john boehner say they're not going to do the fiscal cliff negotiation through the media and they're doing a really good job on trying to keep a tight lid on how the negotiations are going. outside detroit, president obama issued a warning of what may happen if middle class tax rates go up. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the
aides to president and john boehner say they're not going to do the fiscal cliff negotiation through the media and they're doing a really good job on trying to keep a tight lid on how the negotiations are going. outside detroit, president obama issued a warning of what may happen if middle class tax rates go up. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go...
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and finally address the problem. >> as we continue to try to solve the fiscal cliff, the thing week of always continued to look at is our economy. wanting it to continue to grow. today in the whip's office we'll have small family-owned businesses in there talking about ways that we can protect the family business, continue to grow, while at the same time make sure we solve this fiscal cliff. look, each and every day, as we walk the halls, you continue to ask questions. you want the answers solving the fiscal cliff. we put an answer on the table. the president now has to engage. i think the next 72 hours are critical. if he sits back and continues to play politics, that will give you an answer of where we're going. this is an opportunity for this country to lead. this is an opportunity for the president to lead. >> at these fiscal cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accum
and finally address the problem. >> as we continue to try to solve the fiscal cliff, the thing week of always continued to look at is our economy. wanting it to continue to grow. today in the whip's office we'll have small family-owned businesses in there talking about ways that we can protect the family business, continue to grow, while at the same time make sure we solve this fiscal cliff. look, each and every day, as we walk the halls, you continue to ask questions. you want the...
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olay pro-x. >>> now to the fight in washington over the fiscal cliff if lawmakers do not make a deal before january, the country will face a mixed bag of tax hikes and drastic spending cuts that could send the economy reeling. today on msnbc's weeks with alex witt, elijah cummings from maryland said he is getting more hopeful. >> three days ago i would have said that the chances of something being worked out were at best 20%. i feel a little bit more comfortable believing that something is going to be worked out. and give it about a 70% chance. the fact that boehner and the president have pretty much gotten to a point where they'll be sitting down, trying to work this out as opposed to a lot of cooks in the kitchen, i think that's helpful. >> with me now, joe nadler, democrat from new york. congressman, good saturday afternoon to you. thanks for coming. >> good afternoon. >> you just heard your colleague from maryland saying 70% chance that a deal gets done. what say you? >> i don't know. i just hope that if a deal is done, it is a reasonable deal. i won't vote for any deal that cuts
olay pro-x. >>> now to the fight in washington over the fiscal cliff if lawmakers do not make a deal before january, the country will face a mixed bag of tax hikes and drastic spending cuts that could send the economy reeling. today on msnbc's weeks with alex witt, elijah cummings from maryland said he is getting more hopeful. >> three days ago i would have said that the chances of something being worked out were at best 20%. i feel a little bit more comfortable believing that...
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Dec 6, 2012
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it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >> europe goes through germany and germany goes through merkel. >> let's talk about vladimir putin coming in at number three. >> yes. he has been on the list even when he wasn't president because we all know who was still running the show then. he's back up there with a bullet. he's been as high as two on this list. here is somebody who has a u.n. security council permanency, controls a huge oil and gas reserve, has a nuclear tipped army and wields his power very effectively. >> and loves to show his muscles. many times as possible. >> powerful in many ways. that's right. >> of late bill gates has been the rodney da
it's my fiscal cliff helmet down here in washington. >> oh, understood. >> i love it. let's go through the list. not surprising who is number one? >> a re-elected barack obama back at number one. two years ago we had hu jintao so it is not automatic the president is at the top but with a kind of mini mandate, four more years and the defacto leader of the free world it is a pretty easy selection of number one. >> angela merkel number two. easy to understand. >>...